Monsoon Asians & Pacific Islanders in Solidarity

Analysis

Monsoon Asians & Pacific Islanders in Solidarity is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Monsoon Asians & Pacific Islanders in Solidarity reported income of $2.7m and spending of $5.8m, spending 218% of what it took in. Across the 6 years on record, from June 2019 to September 2023, income grew from $1.9m to $2.7m (+43%), an average of +7.4% a year. The sharpest change came in the year to September 2021, when income rose by 1752%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monsoon Asians & Pacific Islanders in Solidarity sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Future Ready Five ($2.7m), St Augustine Group Home Inc ($2.7m) and Secor ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $116k (2.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.2m against liabilities of $203k, net assets of $1.0m. It reported 31 employees.